A new facility has been built some 2 km from the existing plant that doubles core finishing and kit manufacturing capacity. The first deliveries have already been made.
“This substantial investment is in direct response to the tremendous demand for our products and services in the Asia region and China in particular,” says Anders Paulsson, DIAB’s CEO. “Asia continues to be the fastest growing region for DIAB with particularly high growth rates in the marine, wind energy and surface transportation markets.”
According to Jim Liu, Vice President Sales & Marketing Greater China, around 95% of DIAB’s customers in China require sophisticated, ready-to-use kits rather than core in plain sheets.
“The reason for this is the reduction in fabrication times, savings in labour costs, improved quality and virtual elimination of scrap when using kits,” he says.
DIAB is a wholly owned subsidiary of the Swedish private equity company Ratos AB.
